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TechMARK movers: Good first quarter for e2v

Mon, 19th Jul 2010 14:34

Shares in e2v Technologies have soared on the back of news that first quarter trading has been "significantly ahead" of the same period last year. The electronic components manufacturer believes that the full year outcome could be at the upper end of management's range of expectations. Net debt increased to £50m at the end of June 2010 as e2v spends cash on reorganisation costs. Nearly all sectors reported growth although space revenues were lower due to the phasing of orders. Software provider Triad is on the slide following Friday's news that its chief executive Ian Haynes will be leaving at the end of 2010 in order to emigrate to Australia. The announcement came out after the market closed on Friday so this is the first chance that the share price has had to react. FTSE TechMARK - RisersE2V Technologies (E2V) 68.75p +10.00%CML Microsystems (CML) 90.50p +5.85%Psion (PON) 76.50p +4.08%Kofax (KFX) 242.00p +3.42%Telecity Group (TCY) 429.90p +2.36%Antisoma (ASM) 5.40p +2.08%Cobham (COB) 239.20p +1.92%Vectura Group (VEC) 44.50p +1.14%GB Group (GBG) 25.75p +0.97%Filtronic (FTC) 27.50p +0.92%FTSE TechMARK - FallersPhytopharm (PYM) 7.75p -6.45%Vernalis (VER) 30.50p -6.15%Emblaze (BLZ) 33.25p -5.00%Electronic Data Processing (EDP) 45.50p -4.40%NXT (NTX) 9.00p -2.70%Parity Group (PTY) 9.50p -2.63%Xaar (XAR) 131.25p -2.42%Puricore (PURI) 61.00p -2.40%RM Group (RM.) 143.00p -2.39%Triad Group (TRD) 24.00p -2.08%

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